Stockton Businesses For Sale
High Volume Grocery & Convenience Store for Sale in Stockton California
Business Description:
* This is a 24,000 sq.ft. big grocery & Conveneince store for sale in Stockton California.
* There is also the additional space of around 10,000 sq.f. available for storage of inventory.
* Total Lot size of 1 acre and more with inventory delivery backside access.
* The store has great exposure for one of busy road of Stockton CA.
* As per seller, store sale is about $90,000 per month estimated with high profit margins.
* The store owner has good network of vendors access to get the bargain deal as like the wholesalers. The owner at time of sale shall introduce the buyer with these vendor connections.
* The main selling point of the store is its low market prices and high profit margin and good customer base.
* The store sells all general food items, frozen items, dairy products, and other grocery items of day to day life.
* The store has good parking area and access to the busy road.
* The store has 29 door cooler for frozen and refrigerated food products.
* Also there are additional refrigerated units, such as a 20 ft produce display and a forklift is also included.
* The store has 6 full time employee payroll cost of $12,000 per month which is normally not required for this kind of business. Here is the potential to save $6000 per month with only having 3 full time employees.
* There is lot of potential to operate a franchise restaurant or other business opportunity because of 24,000 sq.ft. space.
* Forklift machine and expensive inventory registers are included in the sale price.
* Potential for buyer: No Beer & Wine license, No Lotto Lottery, No Check Cashing, No ATM, Other Vending Machines. The store can alos be used as a big Dollar Store location in Stockton CA.
* Rent is about $6000 per month (space: 24,000 sq.ft. estimated)
* Lease: Seller can arrange 10 years plus 10 years option lease.
* Reason for sale: Seller Family Problems.
* Inventory is not included in the sale price.
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Business & Real Estate Associate Nirvail Singh DRE License #01853125
Lease
Operations
Facilities
Highlights
- Seller Financing Available.
- Building size: 24,000 sq.ft.estimated.
- High Volume Convenience store
- Good Exposure.
- Potential to open other business opportunities in this big space for additional income.
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 49,058 | 118,964 | 220,933 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 17,590 | 39,771 | 70,788 |
| 2010 Persons Per Household | 2.66 | 2.83 | 2.97 |
| Median House Value | $162,000 | $144,651 | $148,720 |
| Income Per Household | $39,301 | $41,067 | $44,067 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,233 | 2,018 | 3,594 |
| 2012 Number Of Employees | 38,324 | 69,292 | 116,828 |
| 2012 Total Annual Payroll | $492,195,000 | $1,183,621,000 | $2,208,260,000 |
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Disclaimer
ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.
Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area.
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